Politics & Government
Here's What Foxborough Will Get In Latest State Budget
The budget is headed to Gov. Charlie Baker for final approval. Here's what we know about potential school and local government funding.
FOXBOROUGH, MA — School districts will see $494 million in local aid after the state budget passed on Monday.
The state budget passed Monday includes a 5.4 percent increase in aid for local governments, as well a 9 percent increase in Chapter 70 funding for public school districts over the budget for the year ended June 30.
Gov. Charlie Baker has up to ten days to approve it or send it back to legislatures.
Find out what's happening in Foxboroughfor free with the latest updates from Patch.
If approved, Foxborough would see a $9.2 million in Chapter 70 funds, as well as $1.7 million in unrestricted government aid.
The $52.7 billion package does not contain any broad-based tax hikes, and tax revenues are actually above previous estimates - leaving a surplus of around $3 billion after fiscal year 2022.
Find out what's happening in Foxboroughfor free with the latest updates from Patch.
Read more: Lawmakers Increase Aid For Towns, School Districts In State Budget
The budget also taps into reserve cash, as lawmakers worry about the impact the negative economic forecasts will have on state revenues in the coming year.
"All indications from many economists is that things are going to slow down over the next fiscal year, and we are preparing for it," Sen. Rodrigues, who serves as the Senate's budget chief, told the Globe.
In Foxborough, a reserve of no less than $50,000 was established for the town to assist in the creation of a pedestrian walkway within the business district. This walkway would make it easier to access outdoor dining, and also improve parking on Route 140, as well as Central, Wall and Cocasset Streets.
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